Power prices 'could be reduced'

By
JASON THOMAS

THE company that operates Tasmania's power distribution network, Transend, says it can lower power prices in coming years.

THE company that operates Tasmania's power distribution network, Transend, says it can lower power prices in coming years.

Part of Aurora is merging with Transend to form TasNetworks this year. That merger will provide savings for customers, Transend said.

The distribution network made its revenue submission to the Australia Energy Regulator recently, which said 15 per cent of the average Tasmanian power bill was attributable to the distribution of power from the power plants to sub stations, which Transend handles.

Capital expenditure on the transmission network is forecast to fall by $34 million between July this year and June 2019.

The revenue proposal was based on feedback from customers and consumers, Transend's chief executive Peter Clark said.